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Ohio, West Virginia Homes Auctioned At Rock Bottom Prices
Foreclosed Homes Sold to `Out-of-Towners'
POSTED: 4:42 pm EST February 15,
2008
UPDATED: 4:08 pm EST February 19,
2008
BOARDMAN, Ohio -- Some people in our area are taking advantage of the mortgage meltdown: they're buying foreclosed homes for pennies on the dollar.A series of home auctions are being held from coast to coast to help banks unload some of their lower-priced stock of foreclosures.NEWS9 cameras were allowed inside some of the most recent auctions in Ohio and Pennsylvania, and some of the properties in our region sold for just $3,000.Click on the links to the right to find out more.
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